Michelman acquires water-based polymer firm in Germany

9:32 AM MDT | July 16, 2013 | Francinia Protti-Alvarez

Michelman (Cincinnati) has acquired Ecronova Polymer (Recklinghausen, Germany), a manufacturer of water-based polymers used in the production of paints and lacquers. Financial terms have not been disclosed. The purchase includes all assets, technology, and manufacturing facilities. The acquisition provides Michelman with a physical presence in Germany. "With this key acquisition, we have enhanced our ability to develop powerful new solutions and, more importantly, new opportunities for all customers who are using or developing water-based additives and...